Duos Technologies Group

Duos Technologies Group, Inc. designs, develops, deploys, and operates intelligent technology solutions supporting rail, logistics, intermodal and government customers that streamlines operations, improves safety and reduces costs. It offers imaging, safety and security, software, and services. The firm also provides cutting edge solutions that automate the mechanical and security inspection of fast moving trains, trucks and automobiles through a broad range of proprietary hardware, software, information technology and artificial intelligence. The company was founded on May 31, 1994 and is headquartered in Jacksonville, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Duos Technologies Group reports Q1 losses but unveils Edge AI

Duos Technologies Group's Q1 2024 performance saw declines in revenue but highlighted key wins like the Railcar Inspection Portal award and improved backlog.
The formation of Duos Edge AI and plans for edge data centers offer potential for recurring revenue streams and technological advancements in railcar inspections.
While facing challenges in revenue and profitability, Duos Technologies Group has opportunities to capitalize on existing contracts and drive growth through innovative solutions.

Duos Technologies Group diversifies business and anticipates strong margins

Duos Technologies Group is navigating challenges in gross margins while capitalizing on growth opportunities in diversified business segments.
The company's focus on recurring revenue streams and cost management is positioning them for future success.
Strategic partnerships and new subsidiary incorporation indicate a proactive approach to expanding market presence.

Duos Technologies Group reports robust Q3 performance and growth opportunities

Duos Technologies Group showed strong financial performance in Q3 2024 with significant revenue growth and reduced net loss.
The company's stable balance sheet, new business ventures, and contract backlog provide a foundation for future growth.
While challenges like funding constraints and market competition exist, Duos Technologies Group is poised for improved results and revenue recognition.
Opportunities lie in new initiatives, expansions, and partnerships that can drive revenue growth and market presence for the company.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

DigitalOcean Holdings

Fastly

Current predictions show the cloud computing industry growing at a rapid pace in the coming years. Much of this growth stems from novel approaches to cloud technology, such as hybrid clouds, multi-clouds, and edge computing.

3 Under-the-Radar Cloud Computing Stocks With a Massive Growth Runway

JACKSONVILLE, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger and transit trains and trucks, will hold a conference call on Monday, April 1, 2024 at 4:30 p.m.

Duos Technologies Group Sets Fourth Quarter and Full Year 2023 Earnings Call for Monday, April 1, 2024 at 4:30 PM ET

JACKSONVILLE, Fla., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger and transit trains, and trucks is pleased to announce the signing of an AI subscription agreement for AI detections, empowering the rail operator to enhance their current railcar inspection capabilities.

Mexican Rail Operator Renews Support Contract and Adds Duos AI

JACKSONVILLE, Fla., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger and transit trains and trucks, today announces the award of a groundbreaking patent, "Use of Artificial Intelligence to Detect Defects in Trains and Method to Use".

Duos Granted AI Patent

Codere Online Luxembourg SA

Flexible Solutions

Many investors see penny stocks as a risky bet, and understandably so. Those that typically come to mind are speculative biotech stocks or struggling startups, burning through cash and diluting shares.

Got $100? 3 Penny Stocks to Turn a Hundred Into a Fortune

JACKSONVILLE, Fla., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger and transit trains and trucks, has reported that in 2023 the Company's Railcar Inspection Portal (“rip®” or “RIP”) technology performed more than eight and a half million comprehensive railcar scans, on over 665,000 unique railcars.

Duos RIP® Scans Over Eight and a Half Million Railcars in ‘23

Duos Secures $2.4 Million AI Subscription and Services Agreement Multi-Year Partnership to Use, Maintain, and Further Develop AI-Based Defect Detection Sol

Duos Secures $2.4 Million AI Subscription and Services Agreement

C3.ai

SoundHound AI Inc

European Union turns nastier for AI companies. Here's a sneak peek into four such companies that are likely to face hurdles due to the latest A.I.

4 Stocks Likely to be Hurt by European Union's Limit on AI Usage

Duos Technologies Group, Inc. (NASDAQ:DUOT ) Q3 2023 Earnings Conference Call November 14, 2023 4:30 PM ET Company Participants Chuck Ferry - Chief Executive Officer Andrew Murphy - Chief Financial Officer Conference Call Participants Owen Rickert - Northland Securities Operator Good afternoon. Welcome to Duos Technologies Third Quarter 2023 Earnings Conference Call.

Duos Technologies Group, Inc. (DUOT) Q3 2023 Earnings Call Transcript

JACKSONVILLE, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the third quarter (“Q3 2023”) ended September 30, 2023.

Duos Technologies Group Reports Third Quarter 2023 Results

JACKSONVILLE, Fla., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, will hold a conference call on Tuesday, November 14, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023. Financial results will be issued via press release prior to the call.

Duos Technologies Group Sets Third Quarter 2023 Earnings Call for Tuesday, November 14, 2023 at 4:30 PM ET

Presentation Explores the Synergy of AI, Rail Technology, and Human Expertise in the Rail Industry Presentation Explores the Synergy of AI, Rail Technology, and Human Expertise in the Rail Industry

Duos Technologies to Present at Railway Interchange 2023 Conference on October 3, 2023

JACKSONVILLE, Fla., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, today announced the appointment of Christopher King, energy and logistics industry veteran, as its new Chief Commercial Officer (“CCO”), effective August 30, 2023.

Duos Technologies Group Appoints Power and Logistics Industry Executive Christopher King as Chief Commercial Officer

Aspira Women’s Health 

Boxlight

Intuitive Machines Inc

Sirius XM Holdings Inc

Scotts Miracle-Gro

Sprout Social

While some publicly traded enterprises left no doubt as to their trajectory, a few others are just now benefiting from a late summer stock surge. Better late than never, though.

Eleventh-Hour Climbers: 7 Stocks Gearing Up for a Late Summer Surge

Cerence

Knightscope

While artificial intelligence may be all the rage, investors seeking the top AI stock picks must be more careful now. Of course, you should always apply caution to a promising but wild sector.

The 3 Most Promising AI Stocks to Own Now

Duos-Powered Artificial Intelligence Technology Performed Over 3.8 Million Scans Through the First Half of 2023 Duos-Powered Artificial Intelligence Technology Performed Over 3.8 Million Scans Through the First Half of 2023

Duos Railcar Inspection Portal Technology Now Operational in 13 Locations Across the North American Rail Network

Duos Technologies Group, Inc. (NASDAQ:DUOT ) Q2 2023 Earnings Conference Call August 14, 2023 4:30 PM ET Company Participants Chuck Ferry - CEO and Director Andrew Murphy - CFO Conference Call Participants Aditya Dagaonkar - Northland Capital Edward Woo - Ascendiant Capital Markets Operator Good afternoon. Welcome to Duos Technologies Second Quarter 2023 Earnings Conference Call.

Duos Technologies Group, Inc. (DUOT) Q2 2023 Earnings Call Transcript

JACKSONVILLE, Fla., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the second quarter (“Q2 2023”) ended June 30, 2023.

Duos Technologies Group Reports Second Quarter 2023 Results

JACKSONVILLE, Fla., July 31, 2023 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, will hold a conference call on Monday, August 14, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2023. Financial results will be issued via press release prior to the call.

Duos Technologies Group Sets Second Quarter 2023 Earnings Call for Monday, August 14, 2023 at 4:30 PM ET

Machine Vision Railcar Inspection System for Increased Performance, Safety, and Reliability Machine Vision Railcar Inspection System for Increased Performance, Safety, and Reliability

Duos Technologies Delivers Near Real-Time Defect Identification Automation

Former CFO at Class 1 Rail Operator CSX Brings Over 20 Years of Public Company Leadership Experience Former CFO at Class 1 Rail Operator CSX Brings Over 20 Years of Public Company Leadership Experience

Duos Technologies Appoints Rail Industry Veteran Frank Lonegro to Board of Directors

Data and Visual AI-Based Services Contract Grows the Company's Recurring Revenue Base Data and Visual AI-Based Services Contract Grows the Company's Recurring Revenue Base

Duos Technologies Implements First Subscription Customer

Duos Technologies Group, Inc. (DUOT) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why Momentum in Duos Technologies Group, Inc. (DUOT) Should Keep going

The company has top-notch technology which keeps improving, and it has experienced a sharp growth in revenues in 2022, and management guides for $20M+ this year. The subscription model will start up this year, which could substantially broaden demand and lift gross margins over time.

Duos Technologies Has A Shot At Becoming Breakeven In 2024

Duos Technologies Group, Inc. (NASDAQ:DUOT ) Q1 2023 Earnings Conference Call May 15, 2023 4:30 PM ET Company Participants Chuck Ferry - CEO & Director Andrew Murphy - CFO Conference Call Participants Michael Latimore - Northland Capital Markets Edward Woo - Ascendiant Capital Operator Good afternoon. Welcome to Duos Technologies First Quarter 2023 Earnings Conference Call.

News for Duos Technologies Group Stock (DUOT)